Offshore News

 

H₂ Hype or Practical Reality?

Sep 19, 2022

In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity…

Oil Drops 1.5% on Strong Dollar, Demand Projections

Sep 19, 2022

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply worries limited the decline.Central banks around the world…

PaxOcean to Convert PSV to Cable Layer for Triasmitra

Sep 16, 2022

PaxOcean said its Nanindah Mutiara Shipyard in Indonesia has secured a contract to convert a platform supply vessel (PSV) into a submarine cable laying vessel (CLV) for telecoms company PT Ketrosden Triasmitra.The PSV is the Norwegian-built Skandi Sotra…

Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

Allseas Founder Edward Heerema Hands Over The Reins to Son Pieter

Sep 16, 2022

Edward Heerema, founder and president of the offshore installation services firm Allseas, has decided to step aside after nearly forty years at the helm. His eldest son Pieter will assume the role of president of the Allseas Group. According to Allseas…

CBED's Wind Innovation SOV Extends Stay at German Wind Farm Project

Sep 16, 2022

Offshore accommodation company CBED has won a contract extension for its Wind Innovation service operations vessel Wind Innovation.Back in May, the company secured a contract for the vessel at the DanTysk and Sandbank offshore wind farms in the German North Sea…

US Sets Target for Floating Offshore Wind Farms Expansion

Sep 15, 2022

The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…

BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target

Sep 15, 2022

Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…

Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction

Sep 14, 2022

The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…

Bordelon Marine Secures Charter for Connor Bordelon Vessel

Sep 14, 2022

U.S.-based offshore vessel operator Bordelon Marine has secured a one-year charter with Subsea 7 i-Tech US Inc. for its Connor Bordelon ultra-light intervention vessel.The Jones Act-compliant vessel is mobilized with two Schilling 150 HD Work…

US Seeks to Restore Safety Rules Sparked by Gulf Oil Spill

Sep 12, 2022

The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment.The proposal aims to restore safety provisions put in place by the Obama administration…

Royal IHC Hands Over Converted Amazon J-Lay Vessel to McDermott

Sep 12, 2022

Dutch maritime equipment and technology firm Royal IHC has handed over the converted J-lay vessel Amazon to McDermott International.Royal IHC said: 'For this project, Royal IHC has converted Amazon into the modern and state-of-the-art J-lay vessel it is today…

Amplify Energy to Pay $5M to Settle Criminal Charges over California Oil Spill

Sep 12, 2022

California officials [last] Thursday said Amplify Energy Corp agreed to plead no contest to six criminal charges and pay nearly $5 million in penalties and fines in connection with a crude oil spill last year that killed birds and fouled beaches…

Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

Edda Breeze CSOV Visits Oslo

Sep 12, 2022

Edda Breeze, the first of seven of Norway-based Edda Wind's offshore wind service vessels, is visiting Oslo this week.Edda Wind took delivery of the CSOV earlier this year. The vessel was built by Astilleros Gondán shipyard in Spain.The vessel is 88…

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